Mammoth Energy Services, Inc. (NASDAQ:TUSK) Director Sells $16,050.00 in Stock

Mammoth Energy Services, Inc. (NASDAQ:TUSK) Director Corey J. Booker sold 5,000 shares of the firm’s stock in a transaction on Wednesday, November 20th. The shares were sold at an average price of $3.21, for a total value of $16,050.00. Following the transaction, the director now directly owns 157,197 shares of the company’s stock, valued at $504,602.37. This represents a 3.08 % decrease in their position. The sale was disclosed in a document filed with the SEC, which is available at the SEC website.

Mammoth Energy Services Price Performance

Shares of NASDAQ:TUSK opened at $3.49 on Monday. Mammoth Energy Services, Inc. has a 1-year low of $2.50 and a 1-year high of $4.95. The company has a debt-to-equity ratio of 0.18, a quick ratio of 2.13 and a current ratio of 2.25. The business has a fifty day moving average price of $4.03 and a 200-day moving average price of $3.72.

Mammoth Energy Services (NASDAQ:TUSK) last issued its quarterly earnings results on Friday, November 1st. The energy company reported ($0.50) earnings per share for the quarter, missing the consensus estimate of ($0.01) by ($0.49). Mammoth Energy Services had a negative net margin of 105.49% and a negative return on equity of 53.85%. The company had revenue of $40.02 million for the quarter. During the same period in the previous year, the firm earned ($0.02) EPS.

Hedge Funds Weigh In On Mammoth Energy Services

Several institutional investors and hedge funds have recently modified their holdings of the stock. Royce & Associates LP increased its holdings in shares of Mammoth Energy Services by 15.2% during the third quarter. Royce & Associates LP now owns 1,351,224 shares of the energy company’s stock valued at $5,527,000 after acquiring an additional 178,240 shares in the last quarter. Dimensional Fund Advisors LP increased its holdings in Mammoth Energy Services by 14.0% in the 2nd quarter. Dimensional Fund Advisors LP now owns 806,280 shares of the energy company’s stock worth $2,645,000 after buying an additional 99,093 shares in the last quarter. Vanguard Group Inc. increased its holdings in Mammoth Energy Services by 2.5% in the 1st quarter. Vanguard Group Inc. now owns 723,772 shares of the energy company’s stock worth $2,635,000 after buying an additional 17,369 shares in the last quarter. Geode Capital Management LLC increased its holdings in Mammoth Energy Services by 1.9% in the 3rd quarter. Geode Capital Management LLC now owns 528,850 shares of the energy company’s stock worth $2,163,000 after buying an additional 9,852 shares in the last quarter. Finally, State Street Corp increased its holdings in Mammoth Energy Services by 1.4% in the 3rd quarter. State Street Corp now owns 403,688 shares of the energy company’s stock worth $1,651,000 after buying an additional 5,400 shares in the last quarter. 79.67% of the stock is currently owned by institutional investors.

Analyst Ratings Changes

Separately, StockNews.com raised Mammoth Energy Services from a “sell” rating to a “hold” rating in a research report on Monday, November 4th.

Mammoth Energy Services Company Profile

Mammoth Energy Services, Inc operates as an energy services company in the United States, Canada, and internationally. The company operates in four segments: Well Completion Services, Infrastructure Services, Natural Sand Proppant Services, and Drilling Services. The company offers pressure pumping and hydraulic fracturing, sand hauling, and water transfer services; and master services agreements.